Horizen is a zero–knowledge–enabled network of blockchains powered by the most extensive node infrastructure. Moreover, it can independently transact more than ten thousand blockchain’s hand in hand While, taking 10Million transactions per second. Its native coin ZEN can be mined and staked and it can now be traded on the main exchanges. The coin was launched in 2017 under the name Zencash however, in 2018 it was rebranded to Horizen. Because in most instances, it was being confused with the Zcash. Its creators are Robb Viglione and Rolf Versluis.The duo has worked together, even before the Horizen crypto project. Another crypto project they have partnered together on is the Zen blockchain foundation. The duo has a vast experience in the block chain industry. Horizen Price Chart The coin shows high volatility as the bands widen in the 1–day chart. In the upper Bollinger band, it was at $41.44 while the lower band had gone down hitting the $31.10 mark. The moving average recorded $36.24 representing the second layer of support technically for the ZEN/USD pair. In the MACD the signal line is crossing the MACD line this shows that the market is bearish. The relative strength index (RSI) is at the 32.65 mark this shows that the market is oversold. The curve line is still going on the downward trend In the 7day chart, the Bollinger bands started narrowing on the 25th of April indicating that the price volatility is declining. The u...
